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Pegasus Co (TSE:6262) Gross Margin % : 30.91% (As of Dec. 2023)


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What is Pegasus Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pegasus Co's Gross Profit for the three months ended in Dec. 2023 was 円1,294 Mil. Pegasus Co's Revenue for the three months ended in Dec. 2023 was 円4,187 Mil. Therefore, Pegasus Co's Gross Margin % for the quarter that ended in Dec. 2023 was 30.91%.

Warning Sign:

Pegasus Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.8%.


The historical rank and industry rank for Pegasus Co's Gross Margin % or its related term are showing as below:

TSE:6262' s Gross Margin % Range Over the Past 10 Years
Min: 31.36   Med: 35.98   Max: 40.4
Current: 31.36


During the past 13 years, the highest Gross Margin % of Pegasus Co was 40.40%. The lowest was 31.36%. And the median was 35.98%.

TSE:6262's Gross Margin % is ranked better than
63.48% of 2935 companies
in the Industrial Products industry
Industry Median: 26.34 vs TSE:6262: 31.36

Pegasus Co had a gross margin of 30.91% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Pegasus Co was -3.80% per year.


Pegasus Co Gross Margin % Historical Data

The historical data trend for Pegasus Co's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pegasus Co Gross Margin % Chart

Pegasus Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.78 34.58 36.01 32.38 33.52

Pegasus Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.09 32.29 28.62 34.64 30.91

Competitive Comparison of Pegasus Co's Gross Margin %

For the Specialty Industrial Machinery subindustry, Pegasus Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pegasus Co's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pegasus Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pegasus Co's Gross Margin % falls into.



Pegasus Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Pegasus Co's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=8476.1 / 25288.507
=(Revenue - Cost of Goods Sold) / Revenue
=(25288.507 - 16812.411) / 25288.507
=33.52 %

Pegasus Co's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1294.3 / 4187.41
=(Revenue - Cost of Goods Sold) / Revenue
=(4187.41 - 2893.073) / 4187.41
=30.91 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Pegasus Co  (TSE:6262) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Pegasus Co had a gross margin of 30.91% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Pegasus Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Pegasus Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Pegasus Co (TSE:6262) Business Description

Traded in Other Exchanges
N/A
Address
5-7-2, Sagisu, Fukushima, Osaka, JPN, 553-0002
Pegasus Co Ltd manufactures and sells industrial sewing machines that produce chain stitches used in sewing factories. It offers products such as safety stitch machines, overedgers, interlock stitch machines and sewn products. It also manufactures aluminum die casting auto parts.

Pegasus Co (TSE:6262) Headlines

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